Discounted payback period if the discount rate

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An investment project costs $12,000 and has annual cash flows of $3,100 for six years. Required : (a) What is the discounted payback period if the discount rate is zero percent? (b) What is the discounted payback period if the discount rate is 5 percent? (c) What is the discounted payback period if the discount rate is 22 percent?

Reference no: EM131067135

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